In an ABC system, an activity is best defined as a
A) Type of task performed in an organisation
B) Collection of activities in a particular department
C) Collection of cost drivers associated with a particular cost pool
D) Group of cost pools associated with a particular department

Question

Quizplus · Accepted Answer

An activity in an ABC (Activity-Based Costing) system is defined as a type of task or work performed within an organization that consumes resources and is a basis for assigning costs.

In an ABC System, an Activity Is Best Defined as a